16 July 2019

French banks supporting RWE

German utility RWE is Europe’s worst polluter, and one of the biggest threats to the climate and to a fast enough coal phase out on the continent. It is destroying villages and forests to expand its giant lignite open-pit mines in Garzweiler and Hambach, North Rhine-Westphalia. While some financial actors, including French bank Crédit Agricole, have already taken a stand against RWE’s activities and ended their support for the company, BNP Paribas and Société Générale are still financing RWE’s toxic ventures.

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27 March 2023

When we first launched Europe Beyond Coal in 2017, Europe had 328 coal plants and only 3 countries with plans to quit coal. Fast forward to today and coal is in decline. Only 157 coal plants are left without a 2030 closure date and 23 countries are already coal-free or have a plan to quit coal. To solve the cost of living, security and climate crises, we must transform Europe’s power sector so that it is free of fossil fuels and based fully on renewable energy by 2035. 

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28 January 2022

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